Science of Stock Price Action: When a stock breaks out, it's usually a starting point of the BULL run.
Let me share two examples:
1. Walmart breakout in April 2017
WalMart Breaks out pic.twitter.com/2GGW6kdfk8
— Deepak Singh (@smarket) April 7, 2017
This is what Walmart has done since then -
WalMart stock is Up 50%.
2. Intel Breakout:
Here's Intel breaking out in October 2017 -
So now Intel breaks out to New High after long time pic.twitter.com/59vJxRScdc
— Deepak Singh (@smarket) October 6, 2017
This is what Intel has done since then -
Intel is now up 28% since the breakout. One of the great advantages of following price action: It tells you in advance how smart money is positioning for next big move.
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Science of Stock Price Action
The Business of Investing is not same as Investing in business. You have to know how stocks make a move and try to capitalize on that opportunity. It means following fundamental newsflow and its impact on Price Action.
Price Action is one of the best ways to make good investment decisions. That's what I teach all the time.
If you find Price Action fascinating - then Science of Stock Price is a good place to start. It's a website designed to help you learn various Price Action concepts.
Disclaimer – The state of the market notes is Deepak’s perspective on the market. The column is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers